ACTUARIAL MANAGER

Nairobi
Permanent
Full-time

2 months ago
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PURPOSE:The Actuarial Manager role provides support to the Subsidiaries and other support functions in the Group such as Finance and Risk. The role involves providing actuarial analysis for the Subsidiaries to ensure the company is always aware of its financial liability position, risks and market dynamics.PRIMARY RESPONSIBILITIES:Review and test models and assumptions on actuarial valuation for the subsidiary

Price new products and provide ratings guidelines for the subsidiary.
Monitor and analyze experience (claims, persistency, expenses etc.) for the subsidiary
Review and analyze the investment performance to provide insights for the subsidiary
Perform asset liability matching position for the business
IFRS 17 financial reporting for the business
Review and provide insights on solvency position and capital requirements
Perform long term financial projections to support decision making
Review data validation checks on business and finance data sets and reports
Review of reinsurance arrangements and give recommendations on suitability of the reinsurance arrangements
Prepare and present quarterly industry analysis report for the subsidiaries and
Prepare draft quarterly Board Papers.
Support in special projects of the company

Academic and Professional Requirements:

BSc. Actuarial Science or Statistics or Mathematics
Diploma in Actuarial Techniques.
Certificate in Finance and Investment

Experience Required:

4 years of relevant experience

CIC Insurance